Glowfrog Video Production just made their service even better

0
Sound accounts for 50% of a video and it’s well known in the video production industry that audio quality is even more important than visual quality, as far as ‘viewer retention’ is concerned. While low-grade footage is far from ideal, a poor quality audio mix will comparatively turn off even more viewers. Bad sound detracts from your message – potentially rendering it impossible to understand – and can be simply unbearable for the viewer, who may consequently associate your company with low quality. There is a direct correlation between how good your advertising videos are, in terms of production standards, and how the viewer therefore feels about the professionalism of your business. Despite already offering great visual and audio quality in their promotional videos for businesses, Glowfrog Video Production have now taken this a step further, by hiring a dedicated in-house sound engineer. This is because they pride themselves on the premium-grade video content they produce for businesses across the Midlands and they’re always looking for ways to increase that quality even further.
Will Emmerson is the new sound engineer at Glowfrog
BSC Sound Engineering graduate of the BIMM Institute, Will Emmerson, will now be mixing and mastering audio for all video projects going forward. Great sound is an underestimated yet very important factor within your advertising videos. If you want to optimise your video marketing with exceptional production standards, enquire today at www.glowfrogvideo.com.

Second year of record revenue for Topps Tiles

0
Topps Tiles, the Leicester-based tile specialist, has posted its second consecutive record year of revenue. In unaudited annual financial results for the 52 weeks ended 1 October 2022, the firm hailed strong recovery from the Covid period, trading ahead of 2019 levels. Group revenue was up 8.4% to £247.2 million, adjusted profit before tax grew 4% to £15.6 million, while statutory pre-tax profits dipped 22.1% to £10.9 million.

Rob Parker, Chief Executive, said: “We are pleased to have delivered a year of strong strategic progress, with record sales for a second year running and excellent delivery against our ‘1 in 5 by 2025’ market share goal. We are continuing to develop and diversify the group and further strengthening our position as the UK’s leading tile specialist.

“Within our Topps Tiles brand, where the majority of sales are being made to professional tradespeople, our focus on fewer more profitable stores and category extensions has driven sales per store up 25% since 2019. Parkside, our commercial brand, has delivered a record year of sales and now moved into profit. Pro Tiler Tools and Tile Warehouse have added a new, high growth, online-only sales channel to the group, leveraging our core strengths in product, service and scale.

“Looking forwards, we are mindful of the macroeconomic headwinds which will impact both UK consumers and businesses in the year ahead. Against this backdrop, our trading performance in the early weeks of the new financial year has been robust, with like-for-like sales growth in Topps Tiles over the first eight weeks of 3.4%.

“Our market share growth during 2022, combined with our clear strategy and strong balance sheet, give us confidence that we will continue to deliver growth and create value over the medium term.”

New starter at Castle Donington recruitment agency

0
Twenty2 Recruitment & Consultancy, a boutique recruitment agency based in Castle Donington, Leicestershire, have welcomed Lindsay Woolley to the team as their newest recruitment consultant. Lindsay brings with her a wealth of experience gained from a career in customer service and HR. Having worked with a number of leading companies across the East Midlands region, Lindsay knows the area well. In previous roles she has been instrumental in building successful and long-lasting relationships with her clients through her previous experience in people relations and customer service. It is these values that align so closely with those of Twenty2 and make Lindsay an asset to the team. Her role will see her build on the existing offering of Twenty2 in the region, focusing on opportunities across professional services in Derby and Leicestershire. Founder, Hayley Grange, says: “We’re really excited to welcome our new recruit into the team. I’m looking forward to working with Lindsay and introducing her to our brilliant clients in the Derby and Leicestershire area.”

Midlands Engine Investment Fund invests £200m into region’s businesses

0
  • Midlands Engine Investment Fund (MEIF) exceeds £200 million milestone
  • The Fund has made 856 investments into Midlands’ businesses since 2017
  • Additional £301m of private sector investment unlocked by the fund
  • Funding supports innovative sustainable companies and improves access to finance in region
  The Midlands Engine Investment Fund (MEIF) has now invested over £200m into Midlands businesses since its launch in 2017. The debt and equity funding options offered by the MEIF have benefitted 595 businesses across the region and has supported SMEs in the creation of jobs, investment into new products and services and wider growth opportunities. The Fund was launched by the British Business Bank in partnership with Local Enterprise Partnerships, the Midlands Engine and the UK Government with the aim of improving access to finance and the landscape for small businesses in the Midlands.   MEIF funding breakdown
  • Over £200m invested, with £301m of private sector co-investment unlocked
  • 856 investments in 595 businesses
  • 2,371 jobs created
  Businesses in various sectors benefit from MEIF funding, including its ongoing investment in the region’s sustainable development and green technology. A recent sustainability investment into renewable energy provided debt funding to Nottingham-based Roadgas, to support the company’s growth in supplying further renewable gas refuelling stations across the UK. Birmingham-headquartered I-Phyc received £2.3m to support expansion of its nature-based wastewater treatment solutions through the MEIF’s Proof of Concept & Early Stage Fund to create new jobs.   Ken Cooper, Managing Director at the British Business Bank, said: “Our partnership with key regional stakeholders including Local Enterprise Partnerships and our fund managers has played a significant role in reaching this new milestone. Investment by MEIF has been shown to promote resilience, innovation and productivity in supported SMEs and has helped diversify and strengthen the region’s finance landscape.  We look forward to continuing this through the next £100m of investment.”   Jon Corbett, Chair of Strategic Oversight Board for the Midlands Engine Investment Fund, added: “The Midlands Engine Investment Fund provides financing options to smaller businesses with potential in the Midlands. The funding allows businesses to achieve their goals and give entrepreneurs the opportunity to realise their growth ambitions. “MEIF funding has helped many SMEs contribute to the wider economic growth of the Midlands and its wider economic goals through investment to support safeguarding existing jobs, creating new roles, overcoming challenges faced during the pandemic, and helping the region’s businesses to reach their full potential. “While we’re celebrating another milestone, we hope to help many more businesses and entrepreneurs who have innovative and sustainable ideas in the future by breaking down the barriers of access to traditional finance and will allow the Midlands region to continue to prosper.” The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Tour of Britain brought £500k to Mansfield economy

New figures show that the return of the world-famous AJ Bell Tour of Britain cycle race boosted Mansfield’s local economy by more than £525,000 when it returned to Nottinghamshire in September.

An economic impact assessment commissioned by the event’s organisers reveals that the high profile cycle race generated £4.34m in net visitor expenditure for Nottinghamshire’s economy – with an impressive 225,000 fans lining the 116-mile route. In Mansfield which hosted the final eight miles of stage five of the race on Thursday 8 September, the a total of spend was calculated as £525,015, mostly on accommodation and food and drink. The average daily spend for day visitors was more than £48, while overnight visitors spent more than £135 with 86% of people saying the experience was very enjoyable. The race returned to Nottinghamshire for the first time in four years with the fifth stage meandering through the county from West Bridgford to Mansfield. The stage proved to be the final leg of this year’s race as the three remaining stages were cancelled due to the passing of Her Majesty Queen Elizabeth II. In Mansfield, there were an estimated 25,000 visitors watching the race. The evaluation report particularly highlighted how much people enjoyed the event with the majority of visitors left feeling, happy, proud, inspired and nostalgic. Very few visitors noted any negative feelings associated with the event and 93% of visitors said that they would come back if West Bridgford/Mansfield were to host future Tour of Britain events. Executive Mayor Andy Abrahams said: “This is a fantastic boost for the district. It showed Mansfield at its best and demonstrated our ability to host major international events such as this. “We look forwards to hosting more of these kinds of prestigious events in the future in this area as a way of regenerating our local economy and showing the wider world what we know already – that Mansfield is a great destination, and that we are ambitious and open for business. “I hope local people feel the same sense of pride that I feel about how the community came together. “After their previous positive experience of working with the council, the race organisers were willing to extend the number of miles the route took in Mansfield so that more parts of the district were able to join in. “I would like to extend a huge thank you to the communities of Warsop, Mansfield Woodhouse and Forest Town for their support in the build-up to the race and their enthusiastic cheer point events and activities on the day – we could not have done it without them.” Race organisers hailed the Nottinghamshire stage for its atmosphere and organisation and the report revealed that Mansfield District Council was the fourth name most associated with the event, after A J Bell, Skoda, and Nottinghamshire County Council. The total spend in Mansfield was up from £390,752 in 2018 when the district last hosted the race. And while attendance in Mansfield was down by 10,000 compared to 2018, the average spend per person was higher. The report also shows that in Nottinghamshire:
  • 69% of race spectators came from outside of the county
  • 60% said they would visit the area again
  • 24% stayed overnight
  • 86% described the race as ‘very enjoyable’;
  • 76% came with their families;
  • 50% said the race had inspired them to cycle more.

Assystem snaps up LogiKal

0
Engineering, digital services and project management company Assystem, which has offices in Derby, has acquired project management and controls group LogiKal. LogiKal operates in UK and Asia-Pacific markets and generates annual revenue of ca. £15m (of which 65% is in the UK). This move aims to significantly strengthen Assystem’s project management services offer by bringing over 100 skilled project management professionals into the Assystem Group. Both companies have a footprint in key programmes such as the UK’s high speed rail route (HS2), Lower Thames Crossing and National Grid. Internationally LogiKal also brings experience from major projects including the Mass Transit Railway (MTR) in Hong Kong and the Sydney Metro. Christian Jeanneau, Assystem’s senior vice-president – Digital, said: “Assystem’s ambition is to accelerate the convergence of engineering and project management through digital. By bringing LogiKal into the Assystem corporate family we are taking a step further towards achieving this.” Simon Barber, Assystem’s UK Managing Director, said: “We are delighted to welcome LogiKal into the Assystem family and to be strengthening our comprehensive Project Management Office and wider digital services with a community of experts who are passionate about supporting the delivery of the low-carbon projects that are key to Britain’s energy transition.” Bryn Lockett, LogiKal’s CEO, said: “Joining Assystem on its mission to support the drive to net zero will provide many opportunities to get involved in a range of exciting energy projects in the UK and around the world, as well as enhancing our well-established offer to the rail and infrastructure sectors. We are elated to be joining the Group’s Switcher community to support global efforts to address climate change.”

BRM real estate team strengthened with new director appointment

0
Regional law firm BRM Solicitors has appointed experienced real estate director George Thomson and paralegal Georgina Kassim to support its clients in Chesterfield and the surrounding area. Newly appointed director, George Thomson specialises in agricultural and commercial property and has previously worked with a range of clients from large public sector organisations to smaller owner-managed businesses. A strong background in agricultural property work enables George to support farmers, agricultural land and property owners, and other rural businesses in all of their property and land transactions. George said: “I am delighted to re-join BRM as a director during an exciting period of growth and look forward to contributing to the firm’s continuing success and expansion in the region.”  The team has also welcomed paralegal Georgina Kassim. Georgina will be working alongside George in the Chesterfield office. Georgina said: “This is an exciting new role with a forward-thinking law firm and I am looking forward to working with the current and new clients.” Sanjeev Batra, head of Chesterfield real estate, said: “These recent appointments will help support our growth strategy and ensure the continued high-quality service that we already provide to our clients. George is a highly-skilled lawyer, and I am happy to add his experience and knowledge to our team.”

Duo promoted at AgTech business Light Science Technologies

0
Two members of staff at AgTech company Light Science Technologies (LST) have been promoted to senior roles across two key departments, as the business goes from strength to strength. Linzi Naisbitt has been promoted to business development manager after two years with the Derby-based firm that provides sensor and lighting technology for indoor farming, including vertical farming and greenhouses. Linzi joined the team in newly created role internal sales executive in early 2021 during the pandemic, using her extensive sales experience in the hospitality and events industry to support growth and development for LST and UK Circuits and Electronics Solutions Ltd (UKC), both Light Science Technologies Holdings (LSTH) group companies. UKC manufactures and supplies circuit boards for LST’s products at its Manchester-based site. Daryl Hollands becomes group financial controller after working across LST & UKC as group management accountant for the past four years. An ACA Chartered Accountant, Daryl has been involved in every aspect of accounts including upgrading and implementing new finance systems, and will oversee all finance and accounting operations while reporting to the Board. Simon Deacon, founder and CEO of Light Science Technologies Holdings, said: “We’re entering a booming era of sustainable technology and we’re experiencing a significant period of growth in line with the industry’s sales forecast over the next five years. “It’s vital that we have the right team in place to help us achieve our ambitious growth strategy which is why we’ve been rapidly expanding the team over the past 18 months. Part of that strategy is also to secure the talent we’re fortunate to already have. Both Daryl and Linzi are exceptional in their respective fields of finance and sales, and by becoming more prominent and influential in the company proves our commitment to evolving our structure, as we thrive as a business.” Established in 2019, the business currently employs 18 staff at its HQ and inbuilt lab facilities in Hilton, Derbyshire. Its focus is firmly set on global expansion, with ambitious growth plans to dominate the controlled environment agriculture (CEA) market over the next few years through its indoor farming proposition.

Construction commences on speculative North Derbyshire industrial scheme

0
Six much-needed industrial and warehouse units totalling 22,613 sq ft are being built in North Derbyshire to meet market demand.Devonshire Property Group has started work on Hartington Business Park, off Farndale Road in Staveley, which will comprise three terraces of brand new, high specification, modern industrial and warehouse units ready to let for the start of 2023.The development will offer six units across three terraces with units available from 2,429 sq ft to 4,856 sq ft. Alternatively, units could be combined to create single units up to 8,044 sq ft. The units are being marketed by the Sheffield office of Knight Frank and Commercial Property Partners (CPP).Harry Orwin-Allen in Knight Frank Sheffield’s industrial team said: “There is a distinct lack of supply for good quality industrial spaces under 10,000 sq ft. This speculative development delivered by Devonshire Property Group will prove attractive to occupiers seeking high quality accommodation in the region.“The units are currently under construction and will be ready for occupation in Q1 2023.”Max Pickering of CPP added: “With the supply of good quality, smaller industrial buildings expected to remain low, Hartington Business Park will address some of the apparent supply imbalance with good quality units that cater for a range of occupier requirements.”Key features of the units will include modern steel portal frames, steel profile cladding, concrete floor, secure concrete yard areas, ground level loading door, EV Charging points, three phase power supply and fibre broadband.Hartington Business Park is located on the northern edge of Staveley, which is around five miles north east of Chesterfield. The site benefits from access to the motorway network via J30 and J29A of the M1, both around three miles away from the development.

Social Change raises over £1,350 for Alzheimer’s Society

Lincoln-based behaviour change agency Social Change has raised a total of £1,351 for the Alzheimer’s Society during their recent Memory Walk at Boultham Park in Lincoln. The fundraising event saw over 150 people, of all ages and abilities, walk the 1.6km route across Boultham Park, with participants contributing to a whopping 209,900 total step-count! Sponsored by Lincoln City Council, Johnson and Smith Ltd, Boultham Park, and Glenholme Healthcare, all donations raised from the fundraiser will go directly to the Alzheimer’s Society, supporting people living with dementia across Lincolnshire and beyond. The team at Social Change recently invited Alice Grewcock, community fundraiser at Alzheimer’s Society, to their Lincoln office, to collect the giant £1,351 cheque raised from the event. Kate Lee, CEO of Alzheimer’s Society, said: “We are so pleased to have Social Change bring such energy and enthusiasm to Alzheimer’s Society and immensely proud of what they have achieved with their brilliant Memory Walk. Their fantastic sum of £1,351 will make a significant difference to the lives of those affected by dementia, providing both immediate help and hope for the future.” Penny Howard, from Glenholme Healthcare, echoes the value of the charity’s work. She said: “We gain so much advice from the Alzheimer’s Society in support of the delivery of our activities within our communities. The Memory Walk has been a great opportunity to give something back to help their work continue. The day was so well attended and we’re really pleased to hear how much has been raised.” Alison Howard, director of Growth and Innovation at Social Change, said: “We recently welcomed Kate Lee, CEO of Alzheimer’s Society, on our podcast, Tea with the Changemakers, and this got the team talking. “We discovered that the majority of us have a relative with Alzheimer’s, and we wanted to do something to support people who are living with it, and their families. After discovering that our closest Alzheimer’s Society organised Memory Walk was in Nottingham, we decided to host our own, and the rest is history.”

Bus group welcomes new director

0
trentbarton and its parent group Wellglade are to welcome John Bickerton as their new group engineering director. John will take up the newly created role in January. The Chartered Engineer joins from Arriva UK Bus where he was head of zero emissions. It’s a return to the East Midlands for the former Derbyshire man. His career has also included innovation and engineering roles at Reading Buses, East West Rail and First UK Bus. John’s new job will include directing the care of the more than 400 buses and coaches in the combined fleets, which are based at six depots. Their maintenance and servicing are vital to the bus operators’ daily operations. He will lead a team of engineering managers and around 100 engineers and apprentices. John, 41, said: “I’m very much looking forward to joining Wellglade. The group is an admired name in the industry for its focus on customer service, high standards and quality fleet presentation. “I travelled on the group’s buses when I went to school so it is exciting to resume the journey now in my career in public transport. “The next decade is going to be extremely interesting for bus operators as the nation moves towards a zero carbon future. We already carry more people per tailpipe than any other sector and buses will be a big part of decarbonisation, including at Wellglade.” Wellglade chairman Brian King said: “John has a first class track record in public transport engineering and we are very pleased that he will be joining us. “He impressed us with his passion for public transport that is both environmentally and commercially sustainable and that chimes with our desire to provide services that are green, clean and attractive for our customers.” The group engineering role has been created in a management reorganisation at Wellglade and trentbarton. Wellglade’s operators also include Kinchbus, Notts & Derby and TM Travel. trentbarton group commercial director Tom Morgan will step up to the new role of managing director (buses) for Wellglade’s bus operators after trentbarton and Kinchbus managing director Jeff Counsell retires in February.

Addison Hunt to transform disused site into new offices for Liversage Trust

0
Chartered quantity surveyor and project management experts Addison Hunt has been appointed by The Liversage Trust, to provide quantity surveying services for its new office space. Situated in Alice Street, Derby and part of the Nottingham Road Conservation Area, the project – which has received planning permission – will see the existing building transformed into workshops and offices for the charity. Working alongside architect Matthew Montague Associates, the firm will convert the two-storey building into a brand-new premise for the Liversage Trust as well as courtyard for parking which will enhance the future viability and prosperity of the conservation area. Founded in 1529 by Robert Liversage, the Trust’s objectives have been to provide relief either generally or individually to Derby residents who are in need, hardship or distress. The Trust currently manages more than 160 almshouses, a 40-bed care home and a small number of other residential and commercial properties, as well as providing grants to assist residents with obtaining essential household items and limited financial support at a time of crisis. Simon Collin, director of Addison Hunt, said: “The Liversage Trust is an incredible charity and we’re delighted to be assisting them in delivering a new workshop and office space, which will be situated nearby to Liversage Trust almshouses. “We look forward to welcoming its employees into the new building, not only will they benefit from a modern and spacious facility, but it will make a difference to how they operate and the services they provide across Derby.” Andy Mellors, general manager at The Liversage Trust, said: “We are extremely pleased to be working with Addison Hunt on this exciting project. “As Derby’s oldest charity, we are keen to not only preserve the buildings of our past, but to adapt and improve them for the future, so that we can continue to provide our important services to local residents.”

Outdoor clothing firm gears up for global expansion

0
A Derbyshire business that owns world-renowned outdoor clothing and equipment brands Rab and Lowe Alpine is set for significant international growth thanks to a multi-million funding package from HSBC UK. Equip Outdoor Technologies UK Ltd will utilise the funding package from HSBC UK to support the business’s plans for further growth globally. The funding will enable the business to repay investors, including long-term partner Gresham House Ventures who have supported extensive investment in product, people, and premises. The deal also sees HSBC UK take on the full banking relationship for Equip, marking the next stage in a seven-year relationship. Matt Gowar, CEO and owner of Equip Outdoor Technologies, said: “This funding will create opportunities for the continued growth of our business and further innovation to develop ever more sustainable and technical products for our customers. Working with HSBC UK means we can leverage the bank’s global footprint and the international coverage we need.” This year has seen Equip’s turnover continue to increase. Expansion in existing and new international markets is expected to lead to further significant growth, with ambitious forecasts in place for the next five years. Graham Brown, relationship director at HSBC UK, added: “It’s great to see Equip move to HSBC as they embark upon this exciting period of growth, with their market leading outdoor clothing and equipment continuing to lead the way across the globe. We feel their aspirations for international growth fit perfectly with HSBC UK and we are delighted to be supporting Matt and all the Equip team. “Equip is also at the forefront of the ESG agenda being one of the first outdoor companies to be certified as Climate Neutral. They have achieved Fair Wear Leader status and aim to be Net Zero by 2030 with the majority of their global premises already 100% powered by renewable energy.”

£5m grant awarded for cold storage facility to support Grimsby seafood industry

0
HSH Coldstores has been awarded a £5m government grant as part of the Seafood Infrastructure Fund. The grant is to support the construction of a new £30m state-of-the-art coldstore and distribution hub to support the seafood industry in Grimsby. Local cold store capacity in Grimsby is near fully utilised, and this has created a bottleneck for the local seafood processing industry’s growth. The new coldstore will store around 30,000 pallets, opening up opportunity for growth and increasing competitiveness for the local seafood processing sector. The facility will also provide cost-effective single pallet distribution anywhere in the UK, supporting small businesses. Sustainability will be at the heart of the construction: the building will have 30% lower energy consumption compared to other coldstores in Grimsby, achieve BREEAM Very Good standard and make use of local suppliers during construction where possible. The new facility will also create over 60 full-time high-quality jobs in the local community.

BHP becomes first tenant at Chesterfield’s One Waterside Place

0
North Derbyshire and Yorkshire accountancy firm BHP has moved into Chesterfield’s One Waterside Place. BHP is the building’s first tenant and takes one floor in the six-storey building, relocating from its current site on Saltergate in Chesterfield town centre, which they occupied for more than 30 years. The new office will be home to more than 70 BHP employees across its Personal and Corporate Tax, Healthcare, Audit and Accounts, and Payroll teams. The ‘Grade A’ 5,550 sq ft office space boasts state-of-the-art office facilities, breakout spaces, meeting rooms, a café/bar area, modern kitchen, LED lighting, air conditioning and cycle parking. BHP partner Dominic Staniforth said: “We’re delighted to have officially moved into our brand-new office here at One Waterside Place. It’s been exciting to welcome the team in to experience the facilities first-hand. “We’ve loved being part of the Chesterfield community for the past 30 years and the move demonstrates our commitment to the local economy and employment market, while providing us with a fantastic base for our firm to grow. “One Waterside Place is superbly located and offers our people a great place to work, with an array of restaurants, cafés and shops on the doorstep. We look forward to being in our new home for many years to come.” Lisa Leighton, BHP’s joint managing partner, said: “Chesterfield has always been an important location for us. We’ve had a base in the town since 1991 and have built up a fantastic reputation in the area. “The new office is an excellent space that provides first-class facilities for our team. I know I can speak on behalf of my Chesterfield colleagues when I say that we’re proud to be the first tenants in such a prestigious building and we look forward to our bright future at One Waterside Place.” Councillor Tricia Gilby, leader of Chesterfield Borough Council, said: “I’m delighted to welcome BHP to our new Grade A office accommodation in the heart of Chesterfield. Their investment is a ringing endorsement of our town and will help ensure there are great jobs for our residents. I want to wish them the best for their future.” One Waterside Place is owned by Chesterfield Borough Council. The building’s property developer was Bolsterstone Group Plc and BHP’s office space was kitted out by Absolute Commercial Interiors Ltd.

HCR Hewitsons create regional legal hub with new Northampton office

0
Law firm HCR Hewitsons has invested in both new people and a new Central England office at Lancaster House, on the same site as the University of Northampton’s Waterside campus. Joint head of office, Charlotte Thornton-Smith, says: “Our new location provides the perfect springboard for continued growth which we anticipate will come from our expanded business services and private client offers along with our deep sector expertise which we provide to individuals, businesses and organisations across the region. “I am excited about some of the new hires we have in the pipeline and look forward to being able to share more news about these soon.” Dominic Hopkins, who shares the leadership of the new office with Charlotte, says: “This move gives us a wonderful new platform for colleagues to collaborate and for personal growth and career development for all our staff. A dynamic hub in the firm’s extensive network of offices, reflecting the strength and clear potential of the region. “Since Hewitsons’ merger with HCR last year, we have really enjoyed being able to draw on the firm’s wider resources to the benefit of businesses and community across the region.” The Central England team moved into Lancaster House, Nunn Mills Road on Monday 28 November.

New world first set by Rolls-Royce and easyJet

Rolls-Royce and easyJet say they have set a new aviation milestone with the world’s first run of a modern aero engine on hydrogen. The ground test was conducted on an early concept demonstrator using green hydrogen created by wind and tidal power. It marks a major step towards proving that hydrogen could be a zero carbon aviation fuel of the future and is a key proof point in the decarbonisation strategies of both Rolls-Royce and easyJet. Both companies have set out to prove that hydrogen can safely and efficiently deliver power for civil aero engines and are already planning a second set of tests, with a longer-term ambition to carry out flight tests. The test took place using a converted Rolls-Royce AE 2100-A regional aircraft engine. Green hydrogen for the tests was supplied by EMEC (European Marine Energy Centre), generated using renewable energy at their hydrogen production and tidal test facility on Eday in the Orkney Islands. Secretary of State for Business, Energy and Industrial Strategy, Grant Shapps, said: “The UK is leading the global shift to guilt-free flying, and today’s test by Rolls-Royce and easyJet is an exciting demonstration of how business innovation can transform the way we live our lives. “This is a true British success story, with the hydrogen being used to power the jet engine today produced using tidal and wind energy from the Orkney Islands of Scotland – and is a prime example of how we can work together to make aviation cleaner while driving jobs across the country.” Grazia Vittadini, Chief Technology Officer, Rolls-Royce, said: “The success of this hydrogen test is an exciting milestone. We only announced our partnership with easyJet in July and we are already off to an incredible start with this landmark achievement. We are pushing the boundaries to discover the zero carbon possibilities of hydrogen, which could help reshape the future of flight.” Johan Lundgren, CEO of easyJet, said: “This is a real success for our partnership team. We are committed to continuing to support this ground-breaking research because hydrogen offers great possibilities for a range of aircraft, including easyJet-sized aircraft. That will be a huge step forward in meeting the challenge of net zero by 2050.” Following analysis of this early concept ground test, the partnership plans a series of further rig tests leading up to a full-scale ground test of a Rolls-Royce Pearl 15 jet engine. The partnership is inspired by the global, UN-backed Race to Zero campaign that both companies have signed up to, committing to achieve net zero carbon emissions by 2050.

Yü Group hails “excellent trading performance”

0
Yü Group, the supplier of gas, electricity and water to the UK SME and corporate business sector, has reported “an exceptional trading performance, which is expected to continue beyond FY 22,” in a new trading update. The Nottingham-based company says that revenue, adjusted EBITDA and operational cashflow are anticipated to significantly exceed current market expectations for the year to 31 December 2022. Record average monthly bookings from new and renewed customer contracts over the last three months has resulted in the Board expecting revenue of approximately £260m for FY 22, being a c67% annual growth rate. EBITDA profitability is “expected to continue its strong trajectory,” with H2 22 expected to exceed the 2.1% achieved in H1 22, driven by strong demand and the efficiencies of Yü Group’s digital by default transformation. The firm noted that operational cash flow remains strong, supported by increased EBITDA and robust customer collection performance, with Overdue Customer Receivables remaining stable and proportionate to the growth of the business. As a result, net cash at 31 December 2022 is expected to significantly exceed market expectations.

Major new cultural centre to open in the heart of Northampton, with first images revealed

0
NN Contemporary Art, in partnership with West Northamptonshire Council, has revealed plans for a major new cultural centre at 24 Guildhall Road, in the heart of Northampton’s cultural quarter. The £4.7 million project, which is about to enter its second stage of works, will see the five-storey redundant heritage building transformed into a vibrant creative community, with a contemporary art gallery, affordable creative studios and public spaces. With a phased opening planned from late 2023 / early 2024, the 2000 sq m Georgian building will become the new home of lead tenant and founding partner, NN Contemporary Art (NNCA), who will take over the lower three floors, opening a free public gallery space that will showcase the very best of international contemporary art. With a focus on nurturing the town’s creative ecosystem, the floors will also encompass 20 affordable creative workspaces and studios, enabling hundreds of artists and creators to grow and develop their practice in the town. Designed to become a major creative hub for Northampton and the wider East Midlands region, the fully-accessible building will also incorporate multi-functional community and event spaces, including a civic reading room and arts library, a retail space and multimedia lab. Further creative and cultural tenants will be invited to lease the upper two floors. The project team includes Northamptonshire’s PHP Architects, CS2 Chartered Surveyors and artist/architect Sean Griffiths, acting as Client Advisory. Taking inspiration from its original 1920s design, the plans honour the heritage of the building, seeing many of its original features restored, including the stunning terrazzo floor. Artist Giles Round has been commissioned to design the Civic Reading Room Space. In advance of the opening, NN Contemporary Art, in partnership with West Northamptonshire Council, will this month launch Sensing Place, an ambitious programme of events and wider public realm commissions, that brings local communities together with artists, curators, academics and researchers to explore important conversations around cultural and artistic placemaking. Identified as a key element of Northampton’s regeneration, and highlighted as one of the public’s preferred priorities through a consultation carried out by Northampton Forward, the £4.7 million project is supported by the government’s Towns Fund and part of the Northampton Town Centre Masterplan. Alongside Towns Fund investment, phase one of the project has delivered £1.15 million through South East Midlands Local Enterprise Partnership’s Getting Building Fund. Located within the town’s Cultural Quarter, with neighbours including the Royal & Derngate Theatre and the newly-refurbished Northampton Museum & Art Gallery, the project builds on the wider vision for the area as a vibrant, innovative public space for culture and creativity. Emer Grant, CEO and Artistic Director, NN Contemporary Art, said: “We are delighted today to be announcing the next stage of our relocation & renovation project at 24 Guildhall Road. Working alongside partners we aim to bring a new kind of cultural institution to Northamptonshire. “Our approach throughout has tried to expand the terms of collaboration (and municipal process alike) as integral to the design of 21st century public realm. Phase two of this capital project will continue to develop civic spaces to an environmentally sustainable and culturally ambitious outcome with the aim to open in late 2023. “The completion of 24 Guildhall Road will bring exciting benefits to our local community and recognises the pivotal role of contemporary art in shaping extraordinary places.” Cllr Daniel Lister, Cabinet Member for Economic Development, Town Centre Regeneration and Growth at WNC, said: “We are delighted to be entering our second phase of work to deliver this ambitious project. Once open, 24 Guildhall Road will offer a unique cultural hub in the heart of the Cultural Quarter in Northampton, complementing the ongoing redevelopment of this part of town. “Working in partnership with NN Contemporary Art and SEMLEP, we are able to combine our vision to regenerate this central building and offer a space for artists and entrepreneurs across our county and beyond. We look forward to continuing to offer local jobs as we enter into the second phase of redevelopment works, supporting our local economy.” Judith Barker, SEMLEP’s Director of Programmes and Governance, said: “We are proud that the Getting Building Fund investment has been delivered successfully and has unlocked further funding for this incredibly exciting project. It will create a creative and cultural centre for Northampton and increase employment as well as support our visitor economy.”

Clowes Developments completes £100m portfolio for NFU Mutual

0
Following practical completion of the final plot at the end of October 2022, the six units split equally across three sites at Centrix Park Corby, Castlewood and East Midlands Distribution Centre in Castle Donington – benefitting from B2 and B8 use – have become part of NFUM’s property portfolio. Five of the units were constructed on a speculative basis with no end users secured, while one unit – plot A1 in Corby occupying 162,490ft² – was pre-let to Deichmann Shoes (UK). The other five units occupy a combined floorspace of 838,586ft². Three of the units have subsequently been sold whilst two remain available on an all enquires basis. Involved from the outset, Clowes had a team of experts to assist them in the delivery of deal. IMA Architects acted as planning consultants as well as architects, helping to fine-tune the project and liaising with both Clowes Developments and NFUM throughout. Speaking on the project, Ben Hall, director at IMA Architects, said: “Our professional relationship with Clowes is longstanding and we have successfully delivered over 60 projects since 2009, with more confirmed in 2023. On this particular project, we were the only architects on site and as the demand for commercial rental units grow, so does the development potential – so we look forward to being part of future schemes. We look forward to working with Clowes on upcoming projects, and we are proud to have them as a returning client.” Law firm, Geldards, acted on behalf of Clowes Developments. Heather Dixon added: “We are delighted to have been able to support our long-standing client Clowes on its largest and most important transaction to date. Finding the right funding partner and negotiating six development funding agreements and the associated construction contracts in the current market, with the major challenge of Covid, Brexit and high demand for construction materials, was complex and demanding. “It was particularly pleasing to be part of a delivery team that consisted of advisers solely from the East Midlands, it showed the strength in depth and expertise in the region. The partnership and understanding between Clowes’ internal team and the professional team was key to delivering this landmark transaction.” Clowes Developments instructed construction contractor Winvic to build all six facilities with employers’ agent, Postins Project Services ensuring both client and developer are aligned throughout the term of the project. RammSanderson, ecology experts, advised Clowes at each site with additional guidance required at Centrix Business Park where a 4-acre reserve was created to protect the rare Great Crested Newt, a natural habitant at the former steel works site. Jon Brice, property fund manager at NFU Mutual, said: “Following completion of the last unit within this project, I would like to thank the whole team involved in delivering these fantastic buildings. We are delighted with the quality of industrial units that have been developed by Clowes and I am sure these buildings will continue to be successful going forward.” James Richards, director at Clowes Developments, said: “We are pleased to have completed this project with NFUM and to have had the expertise of our professional team on board from the outset. Their ability to work well with key parties across all sites helped to ensure that the work was completed within the agreed timescales which is essential for us. We are confident that the units will all soon find suitable occupiers and be an asset to the local East Midlands economy for years to come.” Since completing the £100m deal with NFUM, Clowes Developments and their team of expert advisors have been working on another landmark deal with international real estate investment group, Hines, to develop 1.15m sq ft of logistic space across the East Midlands.